How did you manage to break the debt cycle?
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pinchas
Apprentice
Joined: 03 Aug 2006
Posts: 1
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 Posted: 03/10/08 - 10:26 Post subject: |
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You all know the practices of the bank or other institutions. Getting in debt is not a big problem. I have a big family and sometimes I cant keep track of everything. It seems to me like I am in debt all the time. How did you manage to break the debt cycle?
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barron
Apprentice
Joined: 03 Apr 2006
Posts: 1
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| Posted: 04/09/08 - 03:45 Post subject: |
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| You must take care of your budget. Keep track of every aspect of your income and expenses. The best is to have just one credit card so you can keep track easily. For your existing debt try to get line of credit from your bank. Explain to them why you need it and dont use it for other purposes then to consolidate your debt. Try to keep in control your buying impulses. This will help. |
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